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yarik83 · 03-12-2011, 05:54 PM

Dealers get paid after they haggle you into paying more. Every single dollar you pay above price they paid for the vehicle (or obligated to pay to the factory) is "hard earned' by their definition. When I was shopping for my 2008 double cab tacoma I had a lot of difficulty negotiating price that was acceptable to me. And that is really important to keep in mind. If you are not getting a loan from the dealer then you are far better off because they do not have you cornered. If you walk into dealership and agree to pay what they told you then you are probably overpaying. Out the door price should ALWAYS be negotiated. Tax, fees, tags etc etc etc. can and do add up to several thousand dollars. And that is several thousand dollars too many. Another thing to always keep in mind is that just because dealer upgrades exist does not mean that you should be getting them. For example for my tacoma (if I was to buy new) there are like 20,000 dollars worth of optional add ons. Things like 3000 dollar stereo or 1000 dollar navigation system or flashy tail lights etc.

In most cases (not all) it is often cheaper to install aftermarket products on your car. Things like stereo. Things like navigation. Things like aftermarket tail lights and headlights. Things like upgraded suspension.

I am no financial adviser but having bought cars in the past I can provide a couple of useful comments.

#1 It is better to have your own funds when going to a dealeship.
#2 If you are going to a dealer with no funds then it pays to have a good credit history. History that reflects a long term commitment to pay bills on time and never late. Creditors look at that first... not just your credit score.
#3 0% APR is only for people with excellent credit so do not get scammed into getting a fake loan and then be slapped with 23% apr on the vehicle.
#4 do your research and know the car better than dealer. 99% of the time they improvise on the spot and do not respond well when cornered. I had one try and explain me how to use a 4 wheel drive by hitting all the wrong buttons.
#5 do not agree to pay more than you can afford. have a clear amount in mind before you go and never stray from it. Do not get scammed into lower car payments for a 72 month loan because in the end you will go way over your budget by paying more.
#6 in most cases you will be required to get a full insurance coverage which is often more than for an older car. Keep that in mind.

03-12-2011, 05:54 PM	#81
yarik83 Member Join Date: Mar 2011 Drives: 2008 4x4 Toyota Tacoma Location: Florida Posts: 49 Thanks: 0 Thanked 4 Times in 3 Posts Mentioned: 0 Post(s) Tagged: 0 Thread(s)	Dealers get paid after they haggle you into paying more. Every single dollar you pay above price they paid for the vehicle (or obligated to pay to the factory) is "hard earned' by their definition. When I was shopping for my 2008 double cab tacoma I had a lot of difficulty negotiating price that was acceptable to me. And that is really important to keep in mind. If you are not getting a loan from the dealer then you are far better off because they do not have you cornered. If you walk into dealership and agree to pay what they told you then you are probably overpaying. Out the door price should ALWAYS be negotiated. Tax, fees, tags etc etc etc. can and do add up to several thousand dollars. And that is several thousand dollars too many. Another thing to always keep in mind is that just because dealer upgrades exist does not mean that you should be getting them. For example for my tacoma (if I was to buy new) there are like 20,000 dollars worth of optional add ons. Things like 3000 dollar stereo or 1000 dollar navigation system or flashy tail lights etc. In most cases (not all) it is often cheaper to install aftermarket products on your car. Things like stereo. Things like navigation. Things like aftermarket tail lights and headlights. Things like upgraded suspension. I am no financial adviser but having bought cars in the past I can provide a couple of useful comments. #1 It is better to have your own funds when going to a dealeship. #2 If you are going to a dealer with no funds then it pays to have a good credit history. History that reflects a long term commitment to pay bills on time and never late. Creditors look at that first... not just your credit score. #3 0% APR is only for people with excellent credit so do not get scammed into getting a fake loan and then be slapped with 23% apr on the vehicle. #4 do your research and know the car better than dealer. 99% of the time they improvise on the spot and do not respond well when cornered. I had one try and explain me how to use a 4 wheel drive by hitting all the wrong buttons. #5 do not agree to pay more than you can afford. have a clear amount in mind before you go and never stray from it. Do not get scammed into lower car payments for a 72 month loan because in the end you will go way over your budget by paying more. #6 in most cases you will be required to get a full insurance coverage which is often more than for an older car. Keep that in mind.